3 Tech Companies Still Left To Report In May

The tech industry continues to experience success, and with the publicity the sector has gained as of late, earnings season should be particularly interesting for all things tech.

Thanks to the Apple Watch release and potential BlackBerry acquisition, Tesla’s Elon Musk’s recent attention-grabbing remarks about world annihilation (which will, incidentally, come about thanks to Google), the $4.4 Billion Verizon-AOL deal, among other phenomenal events to date, the tech sector is sure to impress.

As May begins to wind down, here are three tech stocks that still have to report earnings. It could be prudent for any serious, active investor to take a look at these stocks.

Hewlett-Packard Company (NYSE: HPQ)

  • As a global provider of tech, software and products servicing everyone from individuals to large enterprises, Hewlett-Packard has a superb customer breadth. Significantly, Hewlett-Packard is committed to providing each of their customers – regardless of whether they work within the healthcare industry, the government or the educational sector – a sturdy, reliable foundation in security, cloud, big data and mobility. Hewlett-Packard has a market cap of $61.07 billion.
  • Hewlett-Packard is expected to announce earnings on May 28. The current consensus estimate is at $0.86.

Hewlett-Packard has a P/E ratio of 12.85, as compared to the overall tech sector average of 16.8.

Analysts’ Buzz: Currently underperforming the S&P 500 by approximately 18.2 percent, the stock’s covering analysts have a consensus PT of $40.37. Of the 30 analysts covering Hewlett-Packard, 17 have a Buy rating, 12 have a Hold and only one a Sell.

The stock most recently closed on May 15 at $33.60.

Marvell Technology Group Ltd. (NASDAQ: MRVL)

  • This $7.36 billion market-cap, technology company specializes as a semiconductor provider, producing everything from data storage devices to Ethernet data switching, PC connectivity to video-image processing. Additionally, Marvell develops SoC devices – complex, integrated circuits that integrate all components of a computer/electronic system onto a single chip.

Marvell Technology is expected to announce earnings on May 21. The current consensus estimate is at $0.05.

Marvell Technology Group has a P/E ratio of 17.09, as compared to the overall tech sector average of 16.8.

Analysts’ Buzz: Currently underperforming the NASDAQ by approximately 7.1 percent, the stock’s covering analysts have a consensus PT of $15.33. Of the 31 analysts covering Marvell, 11 have a Buy rating, 15 have a Hold and 5 a Sell.

The stock most recently closed on May 15 at $14.29.

Intuit Inc (NASDAQ: INTU)

  • As a financial technology company, Intuit provides services, support and solutions for small businesses. With a market cap of 28.32 billion and well-known products such as QuickBooks, TurboTax and Quicken, Intuits financial reach is outstanding.

Intuit is expected to announce earnings on May 21. The current consensus estimate is at $2.57.

Intuit has a P/E ratio of 36.99, as compared to the overall tech sector average of 16.8.

Analysts’ Buzz: Currently outperforming the NASDAQ by approximately 6.9 percent, the stock’s covering analysts have a consensus PT of $96.62. Of the 20 analysts covering Intuit, 7 have a Buy rating, 12 have a Hold and only one a Sell.

The stock most recently closed on May 15 at $102.33.

The above report is produced to provide a starting point for your own financial research. We do not provide investment advice. Information on past performances is not necessarily an accurate representation of future performance. All trading involves risk. Proceed with caution.

Lime Brokerage LLC is not affiliated with these service providers. Data, information, and material (“content”) is provided for informational and educational purposes only. This content neither is, nor should be construed as an offer, solicitation, or recommendation to buy or sell any securities. Any investment decisions made by the user through the use of such content is solely based on the users independent analysis taking into consideration your financial circumstances, investment objectives, and risk tolerance. Lime Brokerage LLC does not endorse, offer or recommend any of the services provided by any of the above service providers and any service used to execute any trading strategies are solely based on the independent analysis of the user.

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